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World Bank addresses global education finance challenges amid rising debts
By Globe Banner | Oct 31, 2024
Countries worldwide are facing a significant learning crisis, with millions of children lacking fundamental literacy and numeracy skills.
World Bank approves program supporting farmers in Kerala against climate change
By Globe Banner | Oct 31, 2024
The World Bank's Board of Executive Directors has approved a new initiative aimed at supporting farmers in Kerala, India, to adapt to climate change while promoting agri-entrepreneurs.
KfW IPEX-Bank backs Swissport’s electrification with EUR 170 million financing
By Globe Banner | Oct 30, 2024
KfW IPEX-Bank has joined a EUR 170 million financing initiative to support Swissport International AG in its efforts to enhance its ground support equipment.
Study links German development spending to increased exports and job creation
By Globe Banner | Oct 30, 2024
Spending on development cooperation has a positive impact on prosperity and employment in Germany, according to a recent study by the University of Göttingen for KfW.
Siemens tech transforms Kantonsspital Baden into advanced Swiss hospital
By Globe Banner | Oct 30, 2024
Kantonsspital Baden (KSB) is set to become one of Switzerland's most advanced hospitals through the integration of Siemens IoT technology.
Project aids Dominican farmers post-Hurricane Maria recovery efforts
By Globe Banner | Oct 30, 2024
In September 2017, Hurricane Maria devastated Dominica, causing extensive damage to homes and livelihoods.
Development cooperation boosts German exports and secures thousands of jobs
By Globe Banner | Oct 30, 2024
A recent study conducted by the University of Göttingen for KfW highlights the economic benefits of Germany's development cooperation expenditure.
Siemens acquires Altair Engineering to boost AI-driven industrial software capabilities
By Globe Banner | Oct 30, 2024
Siemens has announced the acquisition of Altair Engineering, a move that aims to strengthen its leadership in industrial software and artificial intelligence.
World Bank supports global education resilience amid COVID-19
By Globe Banner | Oct 30, 2024
During the COVID-19 pandemic, several countries implemented remote learning strategies to ensure educational continuity amid school closures.
World Bank supports Maldivian secondary education with additional financing
By Globe Banner | Oct 30, 2024
The World Bank has approved a $2.7 million grant from the Global Partnership for Education to enhance the Atoll Education Development Project in the Maldives.
Prudential appoints Patrick van Heerde as chief partnership distribution officer
By Globe Banner | Oct 29, 2024
Prudential plc has announced the appointment of Patrick van Heerde as its new Chief Partnership Distribution Officer. Mr. van Heerde will assume his role on November 4, reporting to Dennis Tan, Managing Director of the Strategic Business Group.
KfW IPEX-Bank supports Recharge's EV expansion with EUR 45 million financing
By Globe Banner | Oct 29, 2024
In the Nordic region, Recharge is recognized for operating the largest rapid electric vehicle (EV) charging network.
HSBC reports Q3 profit rise amid strategic execution
By Globe Banner | Oct 29, 2024
HSBC Holdings plc reported its financial results for the third quarter of 2024, showing a profit before tax increase to $8.5 billion, up by $0.8 billion compared to the same period last year.
DEG hosts reception at National Gallery Singapore focusing on corporate resilience
By Globe Banner | Oct 29, 2024
On October 1, the DEG office in Singapore held a reception at the National Gallery Singapore.
OKX partners with Standard Chartered for enhanced crypto custody solutions
By Globe Banner | Oct 29, 2024
OKX, a prominent cryptocurrency exchange and onchain technology company, has announced the appointment of Standard Chartered as its third-party crypto custodian for global institutional business.
Tips for staying vigilant against emerging fraud methods
By Globe Banner | Oct 29, 2024
Take our basic quiz – 6 questions you will learn from Keep your eyes open on social media – this is how you think smart Understand Norwegian?
Fubon's subsidiaries win big at Taiwan's Digital Financial Award
By Globe Banner | Oct 29, 2024
Fubon Financial Holdings' subsidiaries have received recognition at the 2024 Digital Financial Award organized by Commercial Times.
Amazonia Bonds: New guidelines aim to finance sustainable projects in the region
By Globe Banner | Oct 29, 2024
The Inter-American Development Bank (IDB) and the World Bank have unveiled guidelines for Amazonia Bonds, a new capital markets instrument aimed at financing activities that positively impact local communities, biodiversity, and zero deforestation...
Nepal secures $150M from World Bank to boost disaster resilience
By Globe Banner | Oct 29, 2024
The Government of Nepal and the World Bank have formalized a US$150 million financing agreement aimed at enhancing Nepal's disaster response capabilities.
World Bank aids Haitian displaced with essential WASH support
By Globe Banner | Oct 29, 2024
Marie Jeanne Montrose, a widow with four children, is among the many displaced individuals in Port-au-Prince, Haiti.